Christmas Greetings to All Members of Samverk

Christmas Greetings to All Members of Samverk 🎄

Samverk wishes all members of the association and their families a Merry Christmas.
Thank you for the past year, and we wish you a prosperous New Year.

The board is working to create the best possible conditions for the association's members. Samverk has entered into a new agreement with Føroya Lívstrygging, which will increase all life insurance payouts starting from January 1st, 2025.

The insurance coverage for members will be as follows:

Insurance for 2/3 Permanent DisabilityThe insurance payout is DKK 330.000,00 until the age of 45.
Thereafter, the payout decreases annually by DKK 20.000,00 and will be DKK 50.000,00 when a member is 59 years old. From age 60 until the state pension age, the payout will be DKK 25.000,00

Life Insurance

In the event of death, the following payouts apply:

• Members up to and including 45 years of age: DKK 825.000,00
• After 45 years, the payout decreases annually by DKK 18.000,00
• At age 67, the payout is DKK 429,000

Specific Critical Illnesses

• Insurance payout for members: DKK 220.000,00
• Insurance payout for children: DKK 220.000,00

Lump Sum PaymentThe lump sum payment will be disbursed at the state pension age, according to rules set by Samverk. The lump sum is DKK 101.500,00

Subsidy for Hearing AidsReimbursement of up to DKK 4.000,00 per hearing aid. The maximum reimbursement is DKK 8.000,00

Guarantee for Pension ContributionsIf a Samverk member becomes 2/3 permanently disabled and can no longer participate in the labor market, thereby losing both salary and pension contributions, Samverk's insurance will cover the pension contributions that the employer would have otherwise paid into the member's pension account.

Full-Time Accident InsuranceIn addition to the above-mentioned insurances, all members of the association also have Full-Time Accident Insurance with Trygd for DKK 600.000,00